Pimco Municipal Income Fund III (NYSE:PMX) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Thursday, December 12th will be paid a dividend of 0.0507 per share by the investment management company on Thursday, January 2nd. This represents a $0.61 annualized dividend and a dividend yield of 4.77%. The ex-dividend date of this dividend is Wednesday, December 11th.
Shares of Pimco Municipal Income Fund III stock traded down $0.01 during midday trading on Wednesday, hitting $12.75. The company’s stock had a trading volume of 28,209 shares, compared to its average volume of 56,011. The stock has a 50-day simple moving average of $12.61 and a 200-day simple moving average of $12.52. Pimco Municipal Income Fund III has a 1-year low of $10.88 and a 1-year high of $13.00.
Pimco Municipal Income Fund III Company Profile
PIMCO Municipal Income Fund III is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in in municipal bonds that pay interest that is exempt from federal income tax.
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